Functions of money include all of the following EXCEPT:
A) Money serves as a medium of exchange.
B) Money may be held as a store of value.
C) Money serves as a standard of value.
D) All of the above are functions of money.

Question

Functions of money include all of the following EXCEPT:
A)	Money serves as a medium of exchange.
B)	Money may be held as a store of value.
C)	Money serves as a standard of value.
D)	All of the above are functions of money.

Quizplus · Accepted Answer

All of the given options are functions of money. Money serves as a medium of exchange by acting as an intermediary in transactions, money is a store of value as it can be saved and used in the future, and money is a standard of value as its value is accepted universally.

Functions of Money Include All of the Following EXCEPT